Global Trade Alert
Global Trade Alert

France: Bpifrance provides guarantee to Verkor for the construction of a batteries innovation centre

Announcement

02 Nov 2022

In November 2022, the government of France provided a loan guarantee to Verkor to finance the construction of its innovation centre in Grenoble. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Nov 2022

Revocation date:

No revocation date

Updated: 02 Nov 2022
Loan guarantee In force
On 2 November 2022, the government of France provided a EUR 51 million (USD 50.3 million) guarantee to Verkor through Bpifrance. Verkor will use the funds to finish the construction of its battery inn...
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